Public Employee Pensions and Municipal Insolvency
Sean Myers · 2026 · The Review of Economic Studies
WASTE classifies this as Negative / Null Result Report · AI classification, approximate
The study found no significant effect — useful as a negative control or null benchmark for your own design.
Abstract (excerpt)
Abstract This paper studies how municipal governments jointly manage spending, credit market borrowing, and a public employee pension system. I model governments as levered investors who must meet non-defaultable pension obligations and…
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Metadata source: OpenAlex · DOI 10.1093/restud/rdag097